A year on from the Swiss National Bank’s (SNB) decision to lift its cap on Swiss Franc (CHF) against the European single currency (euro) on January 15, 2015, some foreign exchange traders might be forgiven for reflection given the seismic exchange rate shift that occurred in the currency pair. But could history repeat itself and might the consequences be even more dramatic?
A year on from the Swiss National Bank’s (SNB) decision to lift its cap on Swiss Franc (CHF) against the European single currency (euro) on January 15, 2015, some foreign exchange traders might be forgiven for reflection given the seismic exchange rate shift that occurred in the currency pair. But could history repeat itself and might the consequences be even more dramatic?
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